The COVID-19 pandemic has taken a toll on everyone’s mental health. People have experienced financial hardship, additional challenges with childcare and school cancellations, job loss, reduced hours, sickness, and grief. The future is uncertain, and the present is extra [...]
Investment advisors who encourage employees to roll over their 401(k) savings into an individual retirement account (IRA) must adhere to the "investor's best interest" fiduciary standard, and do so from the first conversations about rolling over fund assets—if the [...]
On April 7, 2021, the Department of Labor (DOL) published FAQs to further explain this COBRA subsidy and provided models of the required related notices. Notable Points from the FAQs Eligibility Based on Reduction in Hours. The FAQs take an expansive view [...]
As part of the recently enacted American Rescue Plan Act of 2021 (“ARP”), certain COBRA eligible individuals are eligible for temporary premium subsidies April 1 to September 30, 2021. These subsidies will cover 100 percent of the premium for [...]
The Americans with Disabilities Act (ADA) applies to a lot of organizations—all public employers and any private employer with 15 or more employees. Nevertheless, there’s a lot of confusion about what the law requires and what its terms entail. [...]
Includes important retirement investor protections; additional guidance forthcoming WASHINGTON, DC – The U.S. Department of Labor’s Employee Benefits Security Administration has confirmed that “Improving Investment Advice for Worker & Retirees,” an exemption for investment advice fiduciaries, will go into effect as scheduled [...]
Paid time off (PTO) is one of the employee benefits that employees value most. The pandemic, however, upset many employees’ PTO plans due to travel restrictions and the cancellation of trips and family gatherings. It has also raised numerous [...]
The U.S. Department of Labor issued an opinion letter addressing whether the Fair Labor Standards Act’s (FLSA) continuous workday doctrine requires employers to pay employees for commute time when they complete part of their workday from home. An opinion [...]
On January 7, 2021, the Equal Employment Opportunity Commission (“EEOC”) released two notices of proposed rulemaking (“NPRMs”) on wellness programs under the Americans with Disabilities Act (“ADA”) and the Genetic Information Nondiscrimination Act (“GINA”). Briefly, if finalized in their [...]
(VIA U.S. DOL) The U.S. Department of Labor today announced a final rule clarifying the standard for employee versus independent contractor status under the Fair Labor Standards Act (FLSA). “This rule brings long-needed clarity for American workers and employers,” [...]
